Zenith Bank on Tuesday affirmed that Ebenezer Onyeagwu is the Group Managing Director of the Bank.
This was in reaction to the confusion surrounding the leadership of the Bank after a document hinted that Onyeagwu had exited his position.
A trading document put out by the company had disclosed that Okoh bought N2.31 million worth of shares, and Zenith Bank identified him as the GMD/Chief Executive, which translates to Onyeagwu stepping down.
But in statement signed by the company’s secretary, Michael Otu, Zenith Bank said Onyeagwu remains its Group Managing Director and Chief Executive Officer.
It explained that the “document inadvertently refered to Chuks Emma Okoh as Managing Director instead of Non-Executive Director,” adding that “this was an error which has been corrected with the erroneous filing pulled down from the portal.”
The statement added, “For emphasis, Mr. Ebenezer Onyeagwu remains the Group Managing Director/Chief Executive of Zenith Bank Plc while Mr. Chuks Okoh is a Non Executive Director.”
